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Dave McKinstray to Become SVP and CFO at Champion Homes
McKinstray most recently served as senior vice president and chief financial officer at WK Kellogg. Continue Reading Dave McKinstray to Become SVP and CFO at Champion Homes
Dave McKinstray to Become SVP and CFO at Champion Homes
McKinstray most recently served as senior vice president and chief financial officer at WK Kellogg. Continue Reading Dave McKinstray to Become SVP and CFO at Champion Homes
Existing Home Sales Up 1.5% in September
Existing home sales increased by 1.5% month-over-month and by 4.1% year-over-year in September, totaling 1.55 million units sold, according to the new data from the National Association of Realtors (NAR). Last month saw a 4.6-month supply of unsold inventory,...
Mortgage Rates Are Falling Again
Mortgage rates are continuing to drop, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23, down from last week when it averaged 6.27%. A year ago at this time, it...
Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium
The City Council of Port St. Lucie, Florida, unanimously voted to extend preliminary approval to an operating agreement for a new 6,000-seat professional soccer stadium. Treasure Coast News reports the council’s vote ignored a petition drive by city residents who...
NEWS & CURRENT EVENTS
Ground Broken for New 10,000-Seat Arena in Reno
The $435 million GSR Arena will span 300,000 square feet and seat up to 10,000 guests. Continue Reading Ground Broken for New 10,000-Seat Arena in Reno
Mortgage Rates Rise for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2. Continue Reading Mortgage Rates Rise for Second Straight Week
Report: One in Five Homes Had Price Reductions in September
Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Continue Reading Report: One in Five Homes Had Price Reductions in September
CMBS Delinquency Rate Falls After 6 Months of Increases
Year-over-year, the overall CMBS delinquency rate is up 153 basis points from 5.70% Continue Reading CMBS Delinquency Rate Falls After 6 Months of Increases
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
NAMB Taps Ginger Bell to Become Growth Officer
She succeeds Jason Frazier, who launched NAMB’s online community Hive. Continue Reading NAMB Taps Ginger Bell to Become Growth Officer
Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion
Office space will be preserved on the fourth and fifth floors. Continue Reading Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion
Las Vegas Home Sales Decline Amid Wider Listings
The median price for existing single-family homes in this market was $480,000, unchanged from one year earlier. Continue Reading Las Vegas Home Sales Decline Amid Wider Listings
LA Wildfire Victims Sue 3 Insurers for Fraud
The new lawsuit is the latest litigation rising from the wildfires. Continue Reading LA Wildfire Victims Sue 3 Insurers for Fraud
NAR Overturns No-Commingling Policy, Receives Thumbs-Up from Trump
“I love people that are in the real estate business,” said Trump. Continue Reading NAR Overturns No-Commingling Policy, Receives Thumbs-Up from Trump
Hooters to Close 30 Restaurants
The company’s franchises, including its 60 overseas locations, are not being impacted. Continue Reading Hooters to Close 30 Restaurants
Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
State Sen. Jerry Cirino, a Republican, is advocating for the money to come from the state’s $3.7 billion in unclaimed funds. Continue Reading Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
NAR Updates Hate Speech Policy Within Code of Ethics
The updated language aligns the definition of “harassment” with the NAR Member Code of Conduct. Continue Reading NAR Updates Hate Speech Policy Within Code of Ethics
Joseph Yi Named Chief Investment Officer at Palette Hotels
Yi previously held chief investment officer roles at Frontier Development & Hospitality Group and Real Hospitality Group. Continue Reading Joseph Yi Named Chief Investment Officer at Palette Hotels
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. Continue Reading Mortgage Rates in Mild Decline
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